{"id":20312,"date":"2021-01-26T15:00:16","date_gmt":"2021-01-26T20:00:16","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/omers-portfolio-company-acquiring-solar-energy-development-platform-156120"},"modified":"2021-01-26T15:00:16","modified_gmt":"2021-01-26T20:00:16","slug":"omers-portfolio-company-acquiring-solar-energy-development-platform","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2021\/01\/26\/omers-portfolio-company-acquiring-solar-energy-development-platform\/","title":{"rendered":"OMERS\u2019 portfolio company acquiring solar energy development platform"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"263\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2021\/01\/35838863_123RF_SolarPanelsGreenEnergy-350x263.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"Copyright_petkov_123RF\" title=\"OMERS\u2019 portfolio company acquiring solar energy development platform\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Staff<\/span>&nbsp;|&nbsp;January 26, 2021 <\/p>\n<p>A portfolio company of the Ontario Municipal Employees Retirement System\u2019s infrastructure arm is entering a purchase agreement to acquire a 10-gigawatt solar project development platform.<\/p>\n<p>Through the deal, U.S.-based Leeward Renewable Energy will acquire the platform from First Solar Inc., which includes 773 megawatts&nbsp;of projects in California and the southern U.S. that are expected to commence construction in the next two years, as well as an operational 30-MW solar project, according to a press release. The transaction is expected to close in the first quarter of 2021.<\/p>\n<p><strong>Read: <a href=\"https:\/\/www.benefitscanada.com\/news\/omers-selling-stake-in-detroit-rail-tunnel-151256?preview_id=151256&amp;preview_nonce=c9ad95274c&amp;_thumbnail_id=26481&amp;preview=true\">OMERS selling stake in Detroit rail tunnel<\/a><\/strong><\/p>\n<p>\u201cWe\u2019re delighted to support today\u2019s announcement as a key milestone for Leeward and look forward to continuing to support Leeward\u2019s growth,\u201d said Tom Frazier, managing director of the OMERS\u2019 infrastructure arm, in the release. \u201cThis news represents an integral next step for Leeward as a leading renewable energy platform in North America as it plays an important role in the broader energy transition.\u201d<\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/omers-portfolio-company-acquiring-solar-energy-development-platform-156120\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Staff&nbsp;|&nbsp;January 26, 2021 A portfolio company of the Ontario Municipal Employees Retirement System\u2019s infrastructure arm is entering a purchase agreement to acquire a 10-gigawatt solar project development platform. Through the deal, U.S.-based Leeward Renewable&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20312"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=20312"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/20312\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=20312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=20312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=20312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}